u.s. military operations in the pacific region. then former reserve charm alan greenspan discusses the economy. later, federal officials discuss plans to build high speed rail. >> a house subcommittee today looked at u.s. military capability in the pacific region. among the topics, china's rapid modernization and the moving the u.s. marine corp. facilities and operations from the japanese island to guam. witnesses including officials from the pentagon, u.s. officials, and the navy. this is just over an hour and a half. >> good afternoon, and we're calling this meeting of the readiness subcommittee to order. several of my members will be coming in in a few minutes, so just to let the witnesses know, they are in other meetings right now in subcommittees that are overlapping, and also, we expect to have a vote probably at about 2:30, so we may break briefly and go to that vote. we want to welcome our witnesses here. we think this is going to be a crucial hearing for us on our readiness in the